Milwaukee Tool to Add 1,000 Jobs in Wisconsin
The plan is part of a $206 million investment by the company, according to the state’s Economic Development Corp.
Milwaukee Tool to Add 1,000 Jobs in Wisconsin Read More »
May 2022
Industrial Service Solutions Buys San Antonio Armature Works
Houston-based ISS reaches a deal to obtain full ownership of the electromechanical service provider serving South Texas.
Industrial Service Solutions Buys San Antonio Armature Works Read More »
Apex Tool Names New SVP
The company says William A. Burke III has been named senior vice president and president of North American Hand Tools.
Apex Tool Names New SVP Read More »
Earnings for Major Energy Products Distributors Illustrate Sector’s Recovery
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Earnings for Major Energy Products Distributors Illustrate Sector’s Recovery Read More »
Turner Supply Makes A-Team Acquisition
The family-owned industrial distributor acquired the Inpro/Seal product line and territory from A-Team Industrial Products.
Turner Supply Makes A-Team Acquisition Read More »
Dakota Supply Group Names New Regional Manager
Tom Podsiadlik, the newest Dakota Supply Group regional general manager, will be responsible for leading all seven branches in Michigan.
Dakota Supply Group Names New Regional Manager Read More »
US Foods Announces CEO Change, 1Q Results
Pietro Satriano is stepping down as US Foods CEO, while first-quarter net sales increase 23.9% to $7.8 billion.
US Foods Announces CEO Change, 1Q Results Read More »
Avnet Expands at German Locations
The company broke ground on a new manufacturing site in Eschbach and announced plans to build its third European logistics center in Bernburg.
Avnet Expands at German Locations Read More »
MDM Heads to NAHAD’s 2022 Convention in Miami Beach
MDM Executive Editor Mike Hockett and CEO Tom Gale are set to attend NAHAD’s 2022 Convention May 14-18 in Miami Beach. Here’s a rundown of what we expect to see there.
MDM Heads to NAHAD’s 2022 Convention in Miami Beach Read More »
Ferguson Moves Primary Listing to NYSE
CEO Kevin Murphy said the listing structure is now ‘fully aligned with our operations and location of our team.’
Ferguson Moves Primary Listing to NYSE Read More »
FleetPride Acquires T&R Towing and Service Centers
The distributor said it acquired the assets of T&R, a full-service heavy duty repair business based in Bath, New York.
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Builders FirstSource Eyes More M&A, Higher Outlook After Big 1Q
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Builders FirstSource Eyes More M&A, Higher Outlook After Big 1Q Read More »
MDM MarketPulse: Market Continues to Outperform in 1Q 2022
An annualized growth rate of 10.6% accelerated across industrial and construction distributors during the first three months of 2022.
MDM MarketPulse: Market Continues to Outperform in 1Q 2022 Read More »
New South Dissolves ACS Deal
New South Construction Supply said an agreement to acquire American Contractor’s Supply has been dissolved.
New South Dissolves ACS Deal Read More »
Builders FirstSource 1Q Sales Up 36%
The distributor reported 2022 first-quarter net sales of $5.7 billion, while net income grew 270.6% to $639.6 million.
Builders FirstSource 1Q Sales Up 36% Read More »
An Entrepreneurial Sales Mindset Can Work Wonders for Small Distributors
At 19, Bearing Service, Inc. President Doug Savage unexpectedly took over the distribution company his grandfather started. In a new MDM podcast, Savage talks about his passion for education, his early adoption of the Entrepreneurial Operating System, the opportunities for independent distributors ahead and his many leadership roles across a 47-year career.
An Entrepreneurial Sales Mindset Can Work Wonders for Small Distributors Read More »
DXP 1Q Sales Rise 30.1%
Sales for the quarter were $319.4 million, compared to $245.6 million for 1Q 2021 and $293.1 million for 4Q 2021.
DXP 1Q Sales Rise 30.1% Read More »
MRC Global 1Q Sales Increase 22%
The distributor reported 2022 first-quarter gross profit of $136 million, compared to $103 million during the same quarter in 2021.
MRC Global 1Q Sales Increase 22% Read More »
What Distributors Are Saying About the Labor Situation
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What Distributors Are Saying About the Labor Situation Read More »
Does Your CRM Really Help You Manage Customer Relationships?
Distributors may be missing out on a CRM system’s untapped potential: nurturing customer relationships to drive sales growth.
Does Your CRM Really Help You Manage Customer Relationships? Read More »
